| An SI Board Since November 2000 |
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Calpine intends to become the largest eletrical utility in the country. It is primarily engaged in operating natural gas powered plants, and it is also the larges geothermal plant operator. It has had a pretty nice year .
"Calpine Corporation is engaged in the acquisition, development, ownership and operation of power generation facilities and the sale of electricity and its by-product, thermal energy, primarily in the form of steam. For the 9 months ended 9/00, revenues totalled $1.28B, up from $600.2M. Net income before extra. item totalled $216.9M, up from $65.5M. Results reflect acquisitions, favorable energy pricing and lower interest expense."
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